TopBuild Corp. (NYSE:BLD) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lessened its position in TopBuild Corp. (NYSE:BLD - Free Report) by 3.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 87,244 shares of the construction company's stock after selling 3,187 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.30% of TopBuild worth $27,163,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. R Squared Ltd acquired a new stake in TopBuild in the fourth quarter valued at about $72,000. Pacer Advisors Inc. boosted its stake in shares of TopBuild by 16.9% in the fourth quarter. Pacer Advisors Inc. now owns 8,164 shares of the construction company's stock valued at $2,542,000 after buying an additional 1,181 shares in the last quarter. KBC Group NV boosted its stake in shares of TopBuild by 377.1% in the fourth quarter. KBC Group NV now owns 10,338 shares of the construction company's stock valued at $3,219,000 after buying an additional 8,171 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new position in TopBuild during the fourth quarter worth $1,450,000. Finally, Blue Trust Inc. raised its position in TopBuild by 18.0% in the fourth quarter. Blue Trust Inc. now owns 440 shares of the construction company's stock worth $137,000 after acquiring an additional 67 shares in the last quarter. Hedge funds and other institutional investors own 95.67% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Evercore ISI cut shares of TopBuild from an "outperform" rating to an "inline" rating and reduced their price objective for the company from $443.00 to $381.00 in a research note on Monday, December 16th. The Goldman Sachs Group dropped their price objective on TopBuild from $475.00 to $410.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Seaport Res Ptn downgraded TopBuild from a "strong-buy" rating to a "hold" rating in a research report on Friday, December 13th. StockNews.com upgraded TopBuild from a "hold" rating to a "buy" rating in a research report on Tuesday, October 29th. Finally, Jefferies Financial Group decreased their price objective on shares of TopBuild from $525.00 to $515.00 and set a "buy" rating on the stock in a research report on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $437.00.

TopBuild Trading Down 3.9 %

Shares of NYSE BLD traded down $13.42 during midday trading on Monday, reaching $329.26. 155,152 shares of the stock were exchanged, compared to its average volume of 253,365. The company has a market capitalization of $9.71 billion, a P/E ratio of 16.63, a P/E/G ratio of 2.05 and a beta of 1.85. The company has a current ratio of 2.01, a quick ratio of 1.49 and a debt-to-equity ratio of 0.64. TopBuild Corp. has a 52-week low of $302.70 and a 52-week high of $495.68. The stock has a 50 day moving average price of $343.89 and a 200-day moving average price of $374.70.

TopBuild (NYSE:BLD - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The construction company reported $5.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.62 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The business had revenue of $1.37 billion for the quarter, compared to analysts' expectations of $1.39 billion. During the same quarter last year, the firm earned $5.43 earnings per share. The business's revenue was up 3.6% on a year-over-year basis. Equities research analysts expect that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

TopBuild Profile

TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products.